Quote from: Manlikefrank1 on Today at 10:01:32 AM

Quote from: Inior on April 11, 2024, 12:20:23 PM

Hello fam, please read closely e get one wise quote, way I like so much " a stitch in time saves nine" for this investment game no body know everything all at once , we are all Learners , and trust me, we go continue to dey learn and also dey adapt as long as say na this investment game. Normally e get some mistakes way we dey make as investors normally , nine make I say make I bring them to the table so we go fit educate ourselves and also improve our investment skills. The first most common investment mistake way most of us dey make na

•un-diversified portfolio: this one just dey like putting all your eggs in 😂 one basket. Which means say anything way sup for that basket go affect all your eggs. So make we try to spread our investment across other reasonable assets. then another major investment mistake na

• timing the market: This one done really affect many people, way be say them no dey fit hold investment or wait for the right time to invest. This matter way I dey talk so , done make some people sell some kind assets way them suppose hold for maturity too early, and also make some people go buy too early, so make we just allow the market do em thing, because these big moves way we dey find , to be honest, e dey take time.
And then the last major mistake na

•In-adequate research: This one na to dey make investment decisions without proper research and strategy, one thing we suppose know na say we need to understand how this thing works, no be magic, we need to go into comprehensive research to get the best out of our investments.

One thing I know for sure before engaging in a crypto trading or investment you need to have the basic foundation about the smart money and not an inform person in the crypto system.you need to have done your visibility studies to know how it work and done your background check and research and your should know making mistakes help us to learn but there are some mistakes that cost a lot and we can loss a lot and not been able to recover.so Atleast let have the the basic knowledge before engaging in anything crypto trading or investing.we have to be crucial about that because of how the market system work.

Making research is the problem most people have. Crypto are taken as side hustle by most people. So we mainly engage more on our main job making it impossible for research to be made. Some are even lazy for that. All they want is already made job to tap from. In any business one want to engage in, it's better you make good research on them so as not to invest ones capital into a wrong ideas.